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Lexus takes top spot in Kelley Blue Book's 2014 Best Resale Value Awards

We've always known that used Lexus vehicles keep their values well, and this fact has been recently reconfirmed for a third year in a row by Kelley Blue Book. Lexus took the top spot in the Luxury Brand category in the 2014 Best Resale Value awards, which was actually the fourth time overall that Lexus reached that spot, 2011 being the only year when Lexus didn't place first since the award's inception in 2009. Back In 2011 it was Subaru took took the award for Best Brand for resale values, while BMW took the Best Luxury Brand award for that year.

UK new car sales hit a 10-year high

UK new car sales continue to scale new heights, with more new cars sold in March 2014 than in any month in the past decade. Sales figures released by the Society of Motor Manufacturers and Traders (SMMT) reveal that 464,824 new cars were registered last month – a 17.7% rise over March 2014. It continues the trend of rocketing sales, with year-to-date registrations up 13.7%.

Hennessey readies 2014 Chevy Corvette Stingray package with 1,000 hp

The 2014 Corvette Stingray made its world debut at the Detroit auto show less than two months ago, but Texas tuner John Hennessey is already working on upgrades. Hennessey Performance plans to offer upgrades for both the C7 coupe and the C7 convertible. Supercharged systems will bring output to 700 hp and higher-priced twin-turbo setups push power to anywhere from 800 hp-1,000 hp.